The Krafla Geothermal Power Station is a geothermal power station located near the Krafla Volcano in Iceland. Since 1999, it produces 60 MW of energy.

From the first exploratory drilling in 1974 to reaching full 60MW capacity in 1999, the Krafla geothermal power plant has had an interesting story.

For a while it was uncertain whether Krafla would ever actually enter operation when, early on, large-scale volcanic eruptions occurred only two kilometers away from the station, posing a serious threat to its existence. Work continued, however, and phase one of the power station went on line early in 1977.

In total, 33 boreholes were drilled, including 17 high pressure production wells and 5 low-pressure production wells. The plant uses 110kg/second of 7.7 bar saturated high-pressure steam and 36 kg/sec of 2.2 bar saturated low-pressure steam and has been in operation at 60MW since 1999.

Mannvit's involvement in the Krafla geothermal power plant started in 1994 and lasted until 2002 and revolved mainly around the development of the second phase of the project.